A will's key components may include all of the following except

Tawney Manufacturing approached Worldwide Lenders for a loan of $50,000 to purchase vital components it used in its manufacturing process. Worldwide decided to grant the loan but only if Tawney would agree to a field warehousing arrangement. Pursuant to their understanding, Worldwide paid for the purchase of the components, took a negotiable bill of lading for them, and surrendered the bill of lading in exchange for negotiable warehouse receipts issued by the bonded warehouse company that had established a field warehouse in Tawney's storage facility. Worldwide did not file a financing statement. Under the circumstances, Worldwide

A. Has a security interest in the goods which has attached and is perfected. B. Does not have a security interest which has attached since Tawney has not signed a security agreement. C. Must file an executed financing statement in order to perfect its security interest. D. Must not relinquish control over any of the components to Tawney for whatever purpose, unless it is paid in cash for those released.

Preferred shares are a form of SHORT-TERM financing available to the firm

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